plz answer & explain #47&48 (ignore highlights)

47. On the balance sheet, the cost of treasury stock is deducted from: a. Total Stockholders' equity b. Retained earnings c. Preferred Stock d. Common Stock e. Total assets 48. ABC Corporation purchased 100 shares of its own $6 par value common stock for the treasury at $15 per share. The entry to record this transaction would include: a. A credit to common stock for 600 b. A debit to common stock for 1,500 C. A credit to cash for 600 d. A debit to treasury stock for 1,500 e. None of the above AO BICARA